DTE ENERGY COMPANY (DTE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DTE - US2333311072 - Common Stock
129.89 USD
+0.26 (+0.2%)
129.89 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to DTE. DTE was compared to 26 industry peers in the Multi-Utilities industry. DTE has a medium profitability rating, but doesn't score so well on its financial health evaluation. DTE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
DTE had positive earnings in the past year.
DTE had a positive operating cash flow in the past year.
Each year in the past 5 years DTE has been profitable.
In the past 5 years DTE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of DTE (2.66%) is comparable to the rest of the industry.
DTE's Return On Equity of 11.37% is fine compared to the rest of the industry. DTE outperforms 61.54% of its industry peers.
With a decent Return On Invested Capital value of 4.19%, DTE is doing good in the industry, outperforming 65.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for DTE is in line with the industry average of 3.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 11.37% | ||
| ROIC | 4.19% |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
1.3 Margins
Looking at the Profit Margin, with a value of 9.32%, DTE is doing worse than 80.77% of the companies in the same industry.
DTE's Profit Margin has improved in the last couple of years.
DTE has a worse Operating Margin (15.53%) than 96.15% of its industry peers.
In the last couple of years the Operating Margin of DTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.53% | ||
| PM (TTM) | 9.32% | ||
| GM | N/A |
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
DTE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
DTE has more shares outstanding than it did 1 year ago.
DTE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, DTE has a worse debt to assets ratio.
2.2 Solvency
DTE has an Altman-Z score of 0.99. This is a bad value and indicates that DTE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of DTE (0.99) is better than 73.08% of its industry peers.
A Debt/Equity ratio of 2.03 is on the high side and indicates that DTE has dependencies on debt financing.
The Debt to Equity ratio of DTE (2.03) is worse than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACC0.65
WACC6.45%
2.3 Liquidity
DTE has a Current Ratio of 1.15. This is a normal value and indicates that DTE is financially healthy and should not expect problems in meeting its short term obligations.
DTE has a Current ratio of 1.15. This is in the better half of the industry: DTE outperforms 69.23% of its industry peers.
DTE has a Quick Ratio of 1.15. This is a bad value and indicates that DTE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.68, DTE perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for DTE have decreased by -0.96% in the last year.
The Earnings Per Share has been growing slightly by 1.63% on average over the past years.
Looking at the last year, DTE shows a quite strong growth in Revenue. The Revenue has grown by 19.39% in the last year.
The Revenue has been decreasing by -0.34% on average over the past years.
EPS 1Y (TTM)-0.96%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%1.35%
Revenue 1Y (TTM)19.39%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%21.37%
3.2 Future
Based on estimates for the next years, DTE will show a small growth in Earnings Per Share. The EPS will grow by 7.49% on average per year.
The Revenue is expected to grow by 4.55% on average over the next years.
EPS Next Y6.79%
EPS Next 2Y6.94%
EPS Next 3Y7.18%
EPS Next 5Y7.49%
Revenue Next Year6.55%
Revenue Next 2Y5.64%
Revenue Next 3Y5.29%
Revenue Next 5Y4.55%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
DTE is valuated rather expensively with a Price/Earnings ratio of 17.99.
The rest of the industry has a similar Price/Earnings ratio as DTE.
DTE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.19.
A Price/Forward Earnings ratio of 16.63 indicates a correct valuation of DTE.
DTE's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.88. DTE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.99 | ||
| Fwd PE | 16.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DTE is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.57 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DTE does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.65
PEG (5Y)11.05
EPS Next 2Y6.94%
EPS Next 3Y7.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.59%, DTE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.12, DTE pays a better dividend. On top of this DTE pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.90, DTE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
5.2 History
The dividend of DTE has a limited annual growth rate of 1.15%.
DTE has paid a dividend for at least 10 years, which is a reliable track record.
DTE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.15%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
61.94% of the earnings are spent on dividend by DTE. This is not a sustainable payout ratio.
The dividend of DTE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP61.94%
EPS Next 2Y6.94%
EPS Next 3Y7.18%
129.89
+0.26 (+0.2%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners80.84%
Inst Owner Change0%
Ins Owners0.32%
Ins Owner Change1.21%
Market Cap26.98B
Revenue(TTM)14.82B
Net Income(TTM)1.38B
Analysts77.39
Price Target148.95 (14.67%)
Short Float %1.72%
Short Ratio2.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend3.92
Dividend Growth(5Y)1.15%
DP61.94%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.87%
Min EPS beat(2)-4.01%
Max EPS beat(2)5.75%
EPS beat(4)3
Avg EPS beat(4)2.57%
Min EPS beat(4)-4.01%
Max EPS beat(4)5.75%
EPS beat(8)5
Avg EPS beat(8)4.87%
EPS beat(12)8
Avg EPS beat(12)3.46%
EPS beat(16)11
Avg EPS beat(16)3.88%
Revenue beat(2)2
Avg Revenue beat(2)14.79%
Min Revenue beat(2)7.86%
Max Revenue beat(2)21.72%
Revenue beat(4)4
Avg Revenue beat(4)15.1%
Min Revenue beat(4)2.69%
Max Revenue beat(4)28.14%
Revenue beat(8)5
Avg Revenue beat(8)0.7%
Revenue beat(12)6
Avg Revenue beat(12)-3.1%
Revenue beat(16)10
Avg Revenue beat(16)7.81%
PT rev (1m)-1.22%
PT rev (3m)1.74%
EPS NQ rev (1m)-3.52%
EPS NQ rev (3m)-4.68%
EPS NY rev (1m)0%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)6.27%
Revenue NQ rev (3m)3.84%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.99 | ||
| Fwd PE | 16.63 | ||
| P/S | 1.82 | ||
| P/FCF | N/A | ||
| P/OCF | 7.83 | ||
| P/B | 2.22 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 12.57 |
EPS(TTM)7.22
EY5.56%
EPS(NY)7.81
Fwd EY6.01%
FCF(TTM)-4.18
FCFYN/A
OCF(TTM)16.59
OCFY12.77%
SpS71.37
BVpS58.54
TBVpS48.03
PEG (NY)2.65
PEG (5Y)11.05
Graham Number97.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 11.37% | ||
| ROCE | 4.72% | ||
| ROIC | 4.19% | ||
| ROICexc | 4.2% | ||
| ROICexgc | 4.39% | ||
| OM | 15.53% | ||
| PM (TTM) | 9.32% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
ROICexc(3y)4.42%
ROICexc(5y)4.3%
ROICexgc(3y)4.67%
ROICexgc(5y)4.61%
ROCE(3y)5.1%
ROCE(5y)4.92%
ROICexgc growth 3Y1.26%
ROICexgc growth 5Y-0.35%
ROICexc growth 3Y1.83%
ROICexc growth 5Y1.34%
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.01 | ||
| Cap/Depr | 238.16% | ||
| Cap/Sales | 29.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 0.99 |
F-Score5
WACC6.45%
ROIC/WACC0.65
Cap/Depr(3y)244.33%
Cap/Depr(5y)251.76%
Cap/Sales(3y)28.1%
Cap/Sales(5y)28.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.96%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%1.35%
EPS Next Y6.79%
EPS Next 2Y6.94%
EPS Next 3Y7.18%
EPS Next 5Y7.49%
Revenue 1Y (TTM)19.39%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%21.37%
Revenue Next Year6.55%
Revenue Next 2Y5.64%
Revenue Next 3Y5.29%
Revenue Next 5Y4.55%
EBIT growth 1Y3.79%
EBIT growth 3Y11.52%
EBIT growth 5Y4.18%
EBIT Next Year92.94%
EBIT Next 3Y32.04%
EBIT Next 5Y22.72%
FCF growth 1Y-1.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.18%
OCF growth 3Y5.9%
OCF growth 5Y6.58%
DTE ENERGY COMPANY / DTE FAQ
What is the ChartMill fundamental rating of DTE ENERGY COMPANY (DTE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to DTE.
What is the valuation status of DTE ENERGY COMPANY (DTE) stock?
ChartMill assigns a valuation rating of 2 / 10 to DTE ENERGY COMPANY (DTE). This can be considered as Overvalued.
Can you provide the profitability details for DTE ENERGY COMPANY?
DTE ENERGY COMPANY (DTE) has a profitability rating of 5 / 10.
What is the valuation of DTE ENERGY COMPANY based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DTE ENERGY COMPANY (DTE) is 17.99 and the Price/Book (PB) ratio is 2.22.
How sustainable is the dividend of DTE ENERGY COMPANY (DTE) stock?
The dividend rating of DTE ENERGY COMPANY (DTE) is 7 / 10 and the dividend payout ratio is 61.94%.